This week saw significant advancements in AI art generation, highlighted by Midjourney’s release of version 6.1, which promises sharper images and improved text rendering. Additionally, Canva’s acquisition of Leonardo.AI signals a strategic move in the AI landscape, potentially impacting Adobe’s market position. The video also discusses an open-source competitor to Midjourney and pricing changes from RunwayML, indicating a dynamic shift in this rapidly evolving field.